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R5,995,000

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Monthly Levy
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Monthly Rates
R5,292 Excl. VAT

CONTEMPORY AND INNOVATIVE RETAIL SPACE FOR SALE

This commercial property for sale is located in a prime position on the bustling corner of Victoria and West Street, offering high visibility and easy access for both pedestrians and vehicles. The property consists of nine separate retail spaces, each with its own kitchen and ablution facilities, all currently tenanted, providing an excellent opportunity for investors seeking a turnkey commercial property with established tenants.

The property exudes Old Maritzburg charm with a modern twist, featuring stylish architectural elements that blend seamlessly with its historical surroundings. The total land size of the property is 1101m2, providing ample space for customers and tenants alike. On and off-street parking bays are available, ensuring convenience for both shoppers and employees.

The property boasts excellent features, including an alarm system and security screens on all windows and doors, providing peace of mind for tenants and investors. Additionally, the property is fully air-conditioned, ensuring a comfortable shopping experience for customers.

Large windows allow for great shop frontage, providing an opportunity for tenants to showcase their products and services in a prominent position on one of the busiest streets in Maritzburg. Overall, this commercial property for sale offers an outstanding investment opportunity for savvy investors seeking a well-maintained, fully-tenanted commercial property in a prime location with excellent potential for growth.

Some property features include:

- Fully Fenced
- Corrugated Iron roof
- Plaster and brick exterior
- Polished concrete flooring
- On-street and off-street parking
- 9 separate units
- Multi-tenanted
- All units have offices, retail space, kitchens and bathrooms
- Zoned as General Business
- Gross lettable area : 582 SQM

Don't miss out on this incredible opportunity.
Give us call to view - this one won't last long!

Features

0
10
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
582m²
Land Size
1,101m²
Parking Bays
Open Parking Bays
10
Extras
Office • Air Conditioner • Alarm System • Totally Fenced

Pietermaritzburg Central, Pietermaritzburg

If you are someone who enjoys the peace and quiet of small-town living with big city convenience, then Pietermaritzburg is the place for you. It is the capital of South Africa and the second-largest city in KwaZulu-Natal. Commonly abbreviated to the term PMB or Maritzburg in Afrikaans, this well-loved city offers a comfortable work-life balance for its locals.  A brief history of the area  The city...
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Take a trip to the picturesque Cumberland Nature Reserve
Pietermaritzburg is a city with lush green landscapes, a variety of animal life and an abundance of wild and indigenous flora. The Cumberland Nature Reserve is located to the east of Pietermaritzburg and is a sprawling...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Duty
Postage and Petties:
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Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

85,146.66

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